January 4, 2015

Forex Forecast for Monday (2015.1.5)

For today's forecast, we're looking bullish on USDCAD and bearish on GBPUSD.

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.1692 to 1.1830

Bearish: GBPUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.5262 to 1.5456

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